Nolet Wealth Management LLC Invests $1.42 Million in iShares 3-7 Year Treasury Bond ETF $IEI

Nolet Wealth Management LLC purchased a new stake in shares of iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEIFree Report) in the fourth quarter, HoldingsChannel.com reports. The institutional investor purchased 11,862 shares of the company’s stock, valued at approximately $1,416,000. iShares 3-7 Year Treasury Bond ETF comprises 0.8% of Nolet Wealth Management LLC’s portfolio, making the stock its 22nd largest holding.

Other large investors also recently bought and sold shares of the company. JPMorgan Chase & Co. grew its holdings in iShares 3-7 Year Treasury Bond ETF by 7.2% in the fourth quarter. JPMorgan Chase & Co. now owns 17,694,417 shares of the company’s stock worth $2,111,829,000 after purchasing an additional 1,180,896 shares during the period. Captrust Financial Advisors lifted its holdings in shares of iShares 3-7 Year Treasury Bond ETF by 5.0% during the fourth quarter. Captrust Financial Advisors now owns 5,924,603 shares of the company’s stock valued at $707,101,000 after purchasing an additional 281,282 shares during the last quarter. Financial Engines Advisors L.L.C. lifted its holdings in shares of iShares 3-7 Year Treasury Bond ETF by 0.8% during the fourth quarter. Financial Engines Advisors L.L.C. now owns 4,287,913 shares of the company’s stock valued at $511,762,000 after purchasing an additional 33,946 shares during the last quarter. Assetmark Inc. boosted its position in shares of iShares 3-7 Year Treasury Bond ETF by 6.6% in the 4th quarter. Assetmark Inc. now owns 3,052,028 shares of the company’s stock worth $364,260,000 after purchasing an additional 190,019 shares in the last quarter. Finally, Ameriprise Financial Inc. boosted its position in shares of iShares 3-7 Year Treasury Bond ETF by 11.8% in the 2nd quarter. Ameriprise Financial Inc. now owns 2,741,689 shares of the company’s stock worth $327,059,000 after purchasing an additional 290,112 shares in the last quarter.

iShares 3-7 Year Treasury Bond ETF Stock Performance

iShares 3-7 Year Treasury Bond ETF stock opened at $117.19 on Friday. The stock’s 50 day moving average is $117.73 and its 200 day moving average is $118.73. iShares 3-7 Year Treasury Bond ETF has a twelve month low of $116.51 and a twelve month high of $120.78.

iShares 3-7 Year Treasury Bond ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Thursday, June 4th. Shareholders of record on Monday, June 1st were issued a $0.3694 dividend. This represents a c) annualized dividend and a yield of 3.8%. This is a positive change from iShares 3-7 Year Treasury Bond ETF’s previous monthly dividend of $0.36. The ex-dividend date of this dividend was Monday, June 1st.

iShares 3-7 Year Treasury Bond ETF Profile

(Free Report)

iShares 3-7 Year Treasury Bond ETF (the Fund), formerly iShares Barclays 3-7 Year Treasury Bond Fund, is an exchange-traded fund (ETF). The Fund seeks investment results that correspond generally to the price and yield performance of the Barclays Capital U.S. 3-7 Year Treasury Bond Index (the Index). The Index measures the performance of public obligations of the United States Treasury that have a remaining maturity of greater than or equal to three years and less than seven years. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.

Further Reading

Want to see what other hedge funds are holding IEI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEIFree Report).

Institutional Ownership by Quarter for iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI)

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